Sportsworld CIA | Application Preview
Sportsworld CIA is seeking government grants to replace outdated equipment crucial for its operations. The business has experienced sales growth due to aggressive marketing strategies and aims to expand its customer reach, but the current equipment limitations hinder this growth.
The company believes it has significant potential for expansion, with the capacity to handle larger projects if provided with the necessary equipment. Currently, an SBA business loan with high-interest rates restricts available funds for this essential upgrade.
In terms of competition, Sportsworld CIA faces local apparel stores; however, they are confident that their superior customer service sets them apart. They prioritize creating a seamless art design experience and engage personally with customers throughout the sales process, ensuring satisfaction and loyalty.
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General Information
Business Registration Number: 93-1606442
Location: Medina, OH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $500k to $1M
Open to Loans: NO
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Funding Usage
Replace failing equipment
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Business Plan
Through aggressive marketing and sales. We have seen sales improvements and want to reach out to more customers but need equipment replaced. We have a business with the potential to double or more in size. We are capable of producing large scale jobs but our equipment is in need of replacement. We have an SBA business loan and with high interest rates, our loan cost is preventing the extra funds for equipment.
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Self Identified Competition
There are other local apparel stores that we compete with, but strongly feel that our customer service technique is superior and have heard this from several customers. We put customer service at the top and provide a seamless art design process to get things set up. We take the time to meet with the customer and as the owners, see the whole sales process through to the end.
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Contact Applicant
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